HODGES MANOR, SIMONSDALE, AND LOXLEY PLACE HOUSING MARKET DATA

There was a decrease in total units sold in June, with 62 sold this month in Hodges Manor, Simonsdale, and Loxley Place Real Estate, a decrease of 6%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is lower by 17 units or 13%. The total number of active inventory this June was 114 compared to 131 in June 2024. This month's total of 114 is lower than the previous month's total supply of available inventory of 119, a decrease of 4%.

Last June, the median sale price for Hodges Manor, Simonsdale, and Loxley Place Homes was $257,450. This June, the median sale price was $255,000, a decrease of 1% or $2,450 compared to last year. The current median sold price is 3% lower than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 1.8 months of supply available in Hodges Manor, Simonsdale, and Loxley Place, compared to 2.1 in June 2024. That is a decrease of 13% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 87 homes newly listed for sale in Hodges Manor, Simonsdale, and Loxley Place compared to 85 in June 2024, an increase of 2%. There were 60 current contracts pending sale this June compared to 57 a year ago. The number of current contracts is 5% higher than last June.

In June, the average sale price in Hodges Manor, Simonsdale, and Loxley Place was 100.3% of the average list price, which is 0.9% higher than at this time last year.

This month, the average number of days on market was 32, higher than the average last year, which was 27, an increase of 19%.





FOCUS ON: HODGES MANOR, SIMONSDALE, AND LOXLEY PLACE HOUSING MARKET			JUNE 2025

Zip Code(s): 23701 and 23702
Units Sold 62	Active Inventory 114	Median Sale Price $255,000	Days On Market 32

No Change Vs. Year Ago	Down -13% Vs. Year Ago	Down -1% Vs. Year Ago	Up 19% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 62 sold this month in Hodges Manor, Simonsdale, and Loxley Place Real Estate, a decrease of 6%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is lower by 17 units or 13%. The total number of active inventory this June was 114 compared to 131 in June 2024. This month's total of 114 is lower than the previous month's total supply of available inventory of 119, a decrease of 4%.
		Median Sale Price Last June, the median sale price for Hodges Manor, Simonsdale, and Loxley Place Homes was $257,450. This June, the median sale price was $255,000, a decrease of 1% or $2,450 compared to last year. The current median sold price is 3% lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 87	Current Contracts 60	Sold Vs. List Price 100.3%	Months of Supply 1.8

Up 2% Vs. Year Ago	Up 5% Vs. Year Ago	Up 0.9% Vs. Year Ago	Down -13% Vs. Year Ago


		Months of Supply In June, there was 1.8 months of supply available in Hodges Manor, Simonsdale, and Loxley Place, compared to 2.1 in June 2024. That is a decrease of 13% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 87 homes newly listed for sale in Hodges Manor, Simonsdale, and Loxley Place compared to 85 in June 2024, an increase of 2%. There were 60 current contracts pending sale this June compared to 57 a year ago. The number of current contracts is 5% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Hodges Manor, Simonsdale, and Loxley Place was 100.3% of the average list price, which is 0.9% higher than at this time last year. Days on Market This month, the average number of days on market was 32, higher than the average last year, which was 27, an increase of 19%.


	Hodges Manor, Simonsdale, and Loxley Place are defined as properties listed in zip code/s 23701 and 23702.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by REIN and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of REIN or Long & Foster Real Estate, Inc.